FINANCE
According to Reuters, as global competition in the semiconductor industry continues to intensify, China's chip sector is accelerating efforts to achieve technological breakthroughs. Analysts say that although Huawei is advancing architectural innovations and packaging technologies, it remains constrained by critical equipment shortages and structural limitations in the global supply chain.
US Home Insurers Plagued By Surging Claims, Rising Costs in High-Risk Regions
As more Americans flock to disaster-prone regions in search of more affordable housing or a change of...
US National Debt Surpasses $35 Trillion, Servicing it Now Second-largest Budget Item
On July 29, for the first time in history, the U.S. national debt surpassed $35 trillion and servicing...
Oil Drops to Two-Month Low as China Concerns Weigh In
Oil traded at its lowest levels since early June on Tuesday, July 30, as worries about low demand in...
US Transportation Department Opens Probe Into Delta Air Lines Following Widespread Flight Cancellations
The U.S. Department of Transportation announced on Tuesday, July 23, that it is opening an investigation...
Drug Giants Eye China for Deals Despite Growing Sino-US Tensions
Industry executives and investment bankers said some of the biggest global drugmakers are scouring for...
Europe Needs Way to Price Critical Minerals Independently of China, European Group Says
Europe needs a system to set prices for critical minerals needed for the energy transition that is not...
Sellers Left Struggling to Make Ends Meet in China’s E-Commerce Price War
Chinese e-commerce vendors are struggling to survive with slowing sales growth and rising price pressures...
Airbus Upgrades 20-year Demand Forecast as Market Outlook Evolves
Airbus on Monday, July 15 revised up its 20-year demand forecast for jetliners. Many airlines are modernizing...
Federal Reserve Somewhat Confident Inflation Is Returning to Normal Levels, Interest Rate Cut May Be
According to recent comments by Federal Reserve chair Jerome Powell, key U.S. inflation readings measured...